The Chinese economy appears destined for failure, the financial bubble forever in peril of popping, the real estate sector doomed to collapse, the factories fated for bankruptcy. A banking system more than twice the size of the U.S. and an economy still a third smaller. A looming trade war with the United States that threatens to lock its factories out of the world''s biggest market. An urban landscape littered with ghost towns of empty property. An industrial sector strewn with state-owned zombie firms. A two-hundred million strong migrant workforce treated as second-class citizens in the cities where they live and work. And yet, against the odds and against expectations, growth continues, wealth rises, global influence expands. The coming collapse of China is always coming, never arriving.Tom Orlik, a veteran of more than a decade on the ground in Beijing and Shanghai, turns the spotlight on China''s fragile fundamentals, and resources for resilience. Drawing on discussions with the
